Stunned bank stocks make gains as Fed comes into focus

takeover of Credit Suisse by its rival UBS, attention has shifted to this week's meeting of the U.S. Federal Reserve.

Yellen said she was committed to taking actions that would mitigate risks to financial stability and taking necessary steps to ensure the safety of deposits and the U.S. banking system.of U.S. lenders Silicon Valley Bank and Signature Bank triggered the demise of 167-year-old Credit Suisse and investors are concerned about potential financial time bombs ticking elsewhere in the system.

"We should also feel secure in the fact that the authorities that have the job to deal with this are working closely together and are working with the government. So there is good capacity to act should this head into another phase," Theeden said. Earlier, he had warned banks against being "caught off guard" by rising interest rates, in remarks the ECB said were drafted in February, before recent market upheavals., the ZEW economic research institute said.

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Asia Stocks Fall as Investors Digest UBS, Credit Suisse DealStock indexes across Asia fell Monday as recent turmoil weighed on bank shares
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European stocks slide as Credit Suisse buyout fails to soothe investorsEuropean stocks fell on Monday and shares of Credit Suisse dived more than 60% after UBS agreed to buy the troubled bank in a $3 billion deal, valuing the Swiss lender at just a fraction of its market value and sparking fears of a broader banking crisis. 2022 year of horror 2023 year of rebellion, 2024 year of solution, 2025 is the year of implementation of the new monetary system, Then you will live happily without owning anything... What is this headline? 17 billion in tier-1 bonds were marked as worthless. The bank itself sold for a fraction of its worth. And someone thought this would “soothe the markets?”. It’s an enormous scandal and shock. I mean, has the deal even finalised yet ‘T’s crossed and ‘I’s dotted? I don’t blame them for being apprehensive
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